AMIR ALIZADEH is Reader in Shipping Economics and Finance at Cass Business School, City University, London, UK. His research interest includes modelling commodity and shipping freight markets, derivatives and risk management, and forecasting. He has published in several academic journals in the area of transportation, risk management, finance and economics, and has worked as an advisor and a consultant. NIKOS NOMIKOS is Reader in Shipping Risk Management and Director of the MSc degree in Shipping, Trade and Finance at Cass Business School, City University, London, UK. He commenced his career at the Baltic exchange as Senior Market Analyst. Since November 2001, he has been with the Faculty of Finance at Cass Business School, where he specialises in the area of freight derivatives and risk management.

About this book; About the authors; Reviews. About this book. A comprehensive book on shipping derivatives and risk management which covers the theoretical and practical aspects of financial risk in shipping. The book provides a thorough overview of the practice of risk management in shipping with the use of theoretical. The course is focused on the area of financial risk management with special emphasis on financial derivatives. The emphasis here will be in the applications of derivative instruments for pricing and risk management. 2003 as the “most influential book” on the financial area as a result of a worldwide survey among. The world's most widely used risk analysis tool. Avoid risk by using Monte Carlo simulation to show possible outcomes in your Microsoft Excel spreadsheet.

He has published numerous papers in academic journals and his research has been presented in conferences world-wide. He also acts as a consultant on issues of risk management for a number of companies in the shipping and financial sectors. 'A thorough investigation of the fascinating shipping markets by experts in the field. A 'must have' for practitioners and researchers in the commodity world.' - Helyette Geman, Director, Commodity Finance Centre, Birkbeck College, University of London and ESCP-EAP 'This is certainly a unique book which combines the theoretical and practical aspects of risk management in shipping. The book provides the readers with essential knowledge of risk assessment in shipping markets and enables them to understand the freight derivatives instruments, their applications, pricing mechanisms and trading strategies.

It is a must read for any one involved in the shipping business. Download Captain Tsubasa Sub Indo Full Episode Mkv. ' - Mr Knut Moystad, Director of Corporate Development, Imarex 'This useful book combines a practical introduction to risk management techniques with a theoretical exposition for those who want to dig deeper.

An excellent choice for anyone wanting to broaden their understanding of freight derivatives.' - Dr Martin Stopford, Managing Director, Clarkson Research Studies.

Very often, we associate the dawn of modern financial theory with Harry Markowitz who in the 1950s introduced the formal mathematics of probability theory to the problem of managing risk in an asset portfolio. The 1970s saw the advent of formal models for pricing options and other derivative contracts, whose primary purpose was also financial risk management and hedging.

But events in the 1990s made it clear that effective risk management is a critical element for success, and indeed, for long term survival, not only for financial institutions, but also for industrial firms, and even for nonprofit organizations and governmental bodies. These recent events vividly show that the world is filled with all manner of risks, and so risk management must extend far beyond the use of standard derivative instruments in routine hedging applications. The articles in this volume cover two broad themes. One theme emphasizes methods for identifying, modeling, and hedging specific types of financial and business risks.

Articles in this category consider the technology of risk measurement, such as Value at Risk and extreme value theory; new classes of risk, such as liquidity risk; new financial instruments and markets for risk management, such as derivative contracts based on weather and on catastrophic insurance risks; and finally, credit risk, which has become one of the most important areas of practical interest for risk management. The second theme stresses risk management from the perspective of the firm and the financial system as a whole. Articles in this category analyze risk management in the international arena, including payment and settlement risks and sovereign risk pricing, risk management from the regulator's viewpoint, and risk management for financial institutions. Ip Camera Super Client Crack Keygen more.

The articles in this volume examine the 'State of the Art' in risk management from the standpoint of academic researchers, market analysts and practitioners, and government observers.